Salesforce has released data from its digital skills survey which shows that 40% of Indian employees are currently utilising AI related skills in their respective job roles.

Publication: Tech Circle

China will resolutely object if the U.S. restricts its firms from investing in Chinese semiconductor industry, said Shu Jueting, a spokesperson at China s commerce ministry on Thursday. Shu said at a news briefing that such U.S. behaviors will affect companies normal operation and damage the international economic and trade order.

Publication: The Print

Taiwanese chipmaker TSMC said on Thursday that while war in Ukraine has impacted the company s costs, customers need not worry about the impact being passed on in price hikes. War happening in a far away place the Ukraine war has ripple effects that reach us, said Taiwan Semiconductor Manufacturing Co s CEO C.C. Wei , speaking at the company s annual technology showcase in the chipmaking hub of Hsinchu. TSMC is the world leader in manufacturing advanced chips used in technology from smartphones to data centres..

Publication: ET Telecom

The growth of deep tech enterprises, programs like Digital India and projects like India Stack , and our successful track record of IT and BPO service exports, will make India the preferred choice for global technology players.

Publication: ET CIO

Chinese chip maker Semiconductor Manufacturing International Corp (SMIC) on Thursday reported revenue of $1.46 billion, in line with estimates and down 20.6% from the same period one year ago. Net Income hit $231.1 million, down 48.3% from the same period the year before and beating estimates of $174.5 million.

Publication: The Print

Union Minister Rajeev Chandrasekhar said on Thursday that Prime Minister Narendra Modi had allocated a budget of 1,200 crore for investment in semiconductor design startups. According to reports quoting the official, 27 domestic startups have already qualified for the initiative. The lawmaker is set to launch the third Semicon India Future Design Roadshow at IIT Delhi on Friday.

Publication: Live Mint

Nautanix, a hybrid multicloud computing company, has announced Project Beacon, a multiyear effort to deliver a portfolio of datacentric Platform as a Service (PaaS). As per the company, the vision is to decouple the application and its data from the underlying infrastructure and the Project Beacon aims to enable developers to build applications once and run them anywhere.

Publication: The Financial Express

Qualcomm, NXP Semiconductors, Renesas Electronics, General Atomics Global Corporation, venture capitalists Sequoia Capital, Matrix Partners, Celesta Capital etc are scheduled to participate in the roadshow.

Publication: PTI News

That firm tone of approval from his son in law, who had by then become rather obsessed with the stunning Japanese technology to manufacture thin display glasses, certainly was music to the ears of 69yearold Agarwal.

Publication: Forbes

Infineon Technologies AG the global leader in automotive semiconductors, and Hon Hai Technology Group aim to establish a long term partnership in the field of electric vehicles (EV) to jointly develop advanced electromobility with efficient and intelligent features.

Publication: Times Tech

Minister of State for Electronics and IT Rajeev Chandrasekhar on Thursday said that in the semiconductor space, the country will soon have a talent pool of 85,000 who will not only create innovative designs and solutions for the country but also for the world.

Publication: Pune Mirror

The National Association of Software and Services Companies (NASSCOM) has stated that there is a shortage of at least 51% of AI engineers in India. Currently, India has 416,000 AI engineers, but the demand for an additional 213,000 AI engineers still exists.

Publication: News 18

Bullish about making India a semiconductor and display manufacturing nation, Akarsh K. Hebbar, Global Managing Director of Vedanta s semiconductor and display business told Business Today that India needs not just one but several fabs (semiconductor manufacturing factories). Back in early 2022, the Anil Agarwal led Vedanta group, in a joint venture with Taiwan s Foxconn, had applied for the governments PLI scheme for making India a semiconductor manufacturing nation.

Publication: Business Today

Washington last year brought in new export controls in an effort to limit the ability of Chinese entities to purchase and manufacture high-end chips with possible military applications.

Publication: ET Telecom

The event will be led by the Minister of State for Electronics and Information Technology Rajeev Chandrasekhar. Earlier, the IT ministry had organised two roadshows in Gujarat and Bangalore, respectively.

Publication: The Economic Times

Boston Consulting Group (BCG) and Intel announced a strategic collaboration to enable generative artificial intelligence (GenAI) using endtoend Intel AI hardware and software, bringing fully custom and proprietary solutions to enterprise clients while keeping private data in the isolation of their trusted environments.

Publication: Express Computer

Union Minister of Electronics and IT, Ashwini Vaishnaw , who is in the US, informed that the Indian Semiconductor Mission signed an MoU with Purdue University for capacity building, research and development, and industry participation.

Publication: The Economic Times

The IT hardware PLI scheme was launched to promote local manufacturing of products such as laptops, tablets, desktops, and servers. However, the companies cited lower incentives for them to start manufacturing in the first round.

Publication: The Financial Express

Earlier, the IT ministry had organised two roadshows in Gujarat and Bengaluru. At the event, MeitY is likely to unveil the names of two more startups selected for design-linked incentive scheme. So far, about 25 startups have been selected under DLI scheme.

Publication: The Economic Times